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Earnings per Share Data (Tables)
3 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the quarters ended December 31, 2015 and 2014:

 

     December 31,
2015
     December 31,
2014
 

Net income (loss)

   $ 1,575,000       $ (1,096,000
  

 

 

    

 

 

 

Common Shares:

     

Weighted-average common shares outstanding

     9,538,000         9,519,000   

Effect of dilutive stock options

     79,000         —     
  

 

 

    

 

 

 

Weighted-average diluted shares outstanding

     9,617,000         9,519,000   
  

 

 

    

 

 

 

Basic:

     

Net income (loss) per share

   $ 0.16       $ (0.12
  

 

 

    

 

 

 

Diluted:

     

Net income (loss) per share

   $ 0.16       $ (0.12